Plummeting to record level: Profit falls to 20 cents/ barrel for private crude producers https://ift.tt/eA8V8J - SAARTHI BUSINESS NEWS

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Friday, April 3, 2020

Plummeting to record level: Profit falls to 20 cents/ barrel for private crude producers https://ift.tt/eA8V8J

The price of Indian basket of crude fell 69% to $22/barrel on March 31 since the January 8 peak of $69.95/barrel it touched in 2020, dragging down the profit share of contractors.

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